12 cities with year-over-year price decreases
-12.9%
Biggest Drop
-6.7%
Avg Decline
Price drops can signal buying opportunities. These markets may offer better negotiating leverage and more affordable entry points compared to last year.
| # | City | YoY Change | Median Price | Days on Market | Months Supply |
|---|---|---|---|---|---|
| 1 | Garden City | -12.9% | $575K | 85 days | 3.8 mo |
| 2 | Emmett | -10.3% | $350K | 99 days | 2.5 mo |
| 3 | Idaho Falls | -10.1% | $359K | 65 days | 3.1 mo |
| 4 | Middleton | -9.9% | $442K | 139 days | 1.5 mo |
| 5 | Rexburg | -9.2% | $370K | 71 days | 3.9 mo |
| 6 | Mountain Home | -7.2% | $336K | 96 days | 1.9 mo |
| 7 | Jerome | -7.1% | $315K | 61 days | 2.7 mo |
| 8 | Meridian | -5.7% | $495K | 55 days | 1.9 mo |
| 9 | Lewiston | -2.9% | $379K | 48 days | 2.7 mo |
| 10 | Pocatello | -2.3% | $310K | 50 days | 2.9 mo |
| 11 | Boise | -1.5% | $500K | 37 days | 1.5 mo |
| 12 | Twin Falls | -1.5% | $335K | 71 days | 3.1 mo |
12 cities in Idaho are experiencing year-over-year price declines. The largest drop is in Garden City at -12.9%.
Price drops can create buying opportunities, but timing the market is difficult. Work with a local agent who understands whether a market is stabilizing or may continue to decline.
Work with a local agent who can help you identify value in changing markets.
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